Negotiated Sale Borrowing Costs
Author: Bill Simonsen.; Mark D. Robbins.
Source: Volume 24, Number 01, Spring 2003 , pp.1-16(16)
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Abstract:
This paper uses best practice research, supported by regression residual analysis and quantile regression, to examine the factors or practices that provide advantages (or disadvantages) to issuers when negotiating the sale of municipal bonds. It asks which strategies are particularly effective when negotiating with underwriters and which factors determine why bond interest rates differ among issuers.Keywords:
Affiliations:
1: University of Connecticut; 2: University of Connecticut.